Balfour Beatty FY21 Profit Climbs, Lifts Dividend; Sees Profit Growth; Stock Up

Shares of Balfour Beatty plc were gaining around 4 percent in the morning trading in London after the Infrastructure group reported significantly higher profit in its fiscal 2021, despite weak revenues. The full year results were ahead of expectations. Further, the company said its Board recommended full year dividend 9.0 pence per share, up from last year's 1.5 pence per share.

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